Mar 22, 2018 Last Updated 10:48 AM, Mar 21, 2018

New Entry From the Editor :

Glencore acquires $1.7 billion Hail Creek coal mine as rivals exit the industry

Glencore acquires $1.7 billion…

AusBN - Glencore will purchase Rio Tinto’s Hail Creek coal mine in Qu...

TPG Telecom H1 profit dips 11% to under $200 million

TPG Telecom H1 profit dips 11%…

AusBN - Telecommunications firm TPG Telecom has posted a first-half net pro...

Australian junior Raiden Resources strikes momentous deal with Rio Tinto

Australian junior Raiden Resou…

AusBN - Raiden Resources (ASX:RDN) will enter a joint venture with Rio Tint...

Capital city house prices fall in November

View from Q1 looking northAusBN – Housing in Australia’s capital cities fell in price by an average of 1.5% in November, according to a survey by CoreLogic RP Data.

House prices fell in five out of eight capital cities, led by Melbourne where they fell by 3.5% to a median price of $602,500.

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NSW’s TransGrid leased to consortium

Electric poleAusBN – The 99-year TransGrid lease, incorporating a large part of New South Wales’ electricity network, has been awarded to a consortium of foreign and local investors.

The NSW Electricity Networks consortium offered to pay $10.26 billion for the assets, which the state government is leasing out to raise money for infrastructure investment.

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Construction begins on Brisbane's ‘Spire’

SpireAusBN – Construction has begun on Spire, a $200 million residential tower in Brisbane whose 340 luxury apartments were sold out within months.

The tower is being built between Queen Street and Ann Street in the Brisbane CBD and will have 40 floors, including some underground.

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